Announced Thu, 18 Jun · 10:25 IST
Prestige launches Phase 2 of Gardenia Estates plotted project in Bengaluru
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PRESTIGE · price
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Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹1521.60
prior close
₹1510.50
base price
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AI summary
Prestige Estates launched Phase 2 of its plotted development Prestige Gardenia Estates in Devanahalli, North Bengaluru. The project spans around 21 acres with 195 plots and total development area of just under 0.5 million sq ft. Revenue potential is about Rs. 400 Crores. Located near Kempegowda International Airport, NH 44 and major IT parks. The project sold out at launch, showing strong demand for plotted developments in North Bengaluru.
Likely market impact
Adds about Rs. 400 Crores to project pipeline; sell-out at launch signals strong demand for Prestige plotted developments in North Bengaluru.